ECN311 Microeconomics III
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Viser emnet slik det undervises i studieåret med start i 2019 .
Emneansvarlige: Kyrre Rickertsen
Ansvarlig fakultet: Handelshøyskolen
Undervises på språk: EN
Undervises i periode:
The course has teaching/evaluation in the Autumn parallel.
Første gang: Studieår 2007-2008
The course extends the material covered in intermediate courses in microeconomics. Special emphasis is put on duality theory in economics. The lectures cover the theory of the consumer, welfare measures, the theory of the producer, and behavior under uncertainty.
You should know:
- How to derive the basic results in production and consumer theory using duality theory
- How to derive welfare measures
- The theory of choice under uncertainty, including the expected utility theory
You should be able to:
- Formulate and solve more complex economic problems
- Do microeconomic analysis based on commonly used functional forms and duality theory
- Calculate welfare measures
- Use parametric and non-parametric methods
You should be able to:
- Follow microeconomic reasoning in reports and articles in applied economics
- Utilize microeconomic reasoning in your own work, for example, in analysis needed in a master thesis
Lectures and independent work such as reading the textbook and solving problem sets are important parts of the course. The students are encouraged to work in groups, but the problem sets have to be turned in for individual grading. It is important to get started with all the activities early in the semester.
The lecturer will have office hours each week.
- Hal R. Varian. Microeconomic Analysis, third edition, Norton, 1992.
- Lecture notes.
The required readings may change.
Microeconomics on the level of ECN210 Intermediate Microeconomics- Consumers, Producers, Market and Welfare and Mathematics on the level of ECN302 Mathematics for Economists.
Intermediate courses in Economics such as, for example, ECN211.
Five problem sets must be graded as passed before taking the final examination. The problem sets are valid the year they are passed and the next year.
Written examination, 3,5 hours (100 %)
The course is evaluated by an internal examiner. An external examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
Emnet vil blir undervist på engelsk. Innvekslingsstudenter kan ta kontakt med studieveiledere ved Handelshøyskolen (firstname.lastname@example.org) for å få vurdert om de kan få plass på emnet.
300 hours. About 50 hours are used to structured activities while 250 hours are unstructured time that the students should allocate to reading and solving problems.
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse).
There are four hours of lectures and exercises per week. About 60% of the time will be allocated to lectures and 40% to exercises.
Hjelpemidler ved skriftlig eksamen(er): C3 Alle typer kalkulatorer, alle andre hjelpemidler - inkludert digitale
Eksamensdetaljer: En skriftlig eksamen: A - E / Ikke bestått